OECD update on a two-pillar solution
The OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (i.e., BEPS Action plan) has agreed on a two-pillar solution to address challenges arising from the digitalisation and globalisation of the e…
The new EU Tax Policy Framework of the European Commission
On 18 May 2021, the European Commission (“EC”) published its long-awaited Communication on Business Taxation for the 21st Century, introducing a short-term and long-term vision for the business tax policy agend…
OECD has released an updated version of the manual for the assessment of international tax aspects following anti-epidemic measure…
The updated version summarises the conclusions and recommendations set out in the original version published last spring. At the same time, it offers examples of how different countries approach, within the cur…
Recommendations of the OECD for Transfer Pricing in Relation to the Impacts of the COVID-19 Pandemic
Extraordinary economic conditions brought about by the COVID-19 pandemic and consequent responses of governments in individual countries may bring numerous practical difficulties in applying the arm’s length pr…
Approach of the OECD to the Assessment of International Tax Aspects in Relation to COVID 19 Measures
Following the measures adopted by the governments of many states in order to limit the spread of the COVID 19 pandemic (mainly the restrictions on the movement of persons and the consequent “long distance” perf…
News on the Taxation of Digital Economy
On 9 October 2019, as part of the ongoing work of the G20/OECD Inclusive Framework on Base Erosion and Profit Shifting ("Inclusive Framework"), the OECD released a public consultation document containing a Secr…
OECD: Tax report for 2018
On 5 September 2018, the OECD published “Tax Policy Reforms 2018: OECD and Selected Partner Economies”, Annual report identify major tax policy trends.
BEPS Action 15: Multilateral Instrument
Australia, the Czech Republic, Kazakhstan, Kuwait, Switzerland and Panama approved the multilateral instrument (MLI) in recent days.